Colgate-Palmolive Pakistan
Company type | Public |
---|---|
PSX: COLG KSE 100 component | |
Industry | Consumer goods |
Founded | 1977 |
Headquarters | Karachi, Pakistan |
Key people | Zulfiqar Ali Lakhani (CEO) Iqbal Ali Lakhani (chairman) |
Products | Colgate, Palmolive, Brite, Bonus, Softlan, Express, and Lemon Max |
Revenue | Rs. 91.459 billion (US$320 million) (2023) |
Rs. 16.684 billion (US$58 million) (2023) | |
Rs. 10.336 billion (US$36 million) (2023) | |
Total assets | Rs. 47.446 billion (US$160 million) (2023) |
Total equity | Rs. 24.316 billion (US$84 million) (2023) |
Owner | Colgate-Palmolive (30%) SIZA Services (25%) SIZA Limited (17.4%) Premier Fashions (12.20%) Iqbal Ali Lakhani (4.5%) SIZA Commodities (3.4%) |
Number of employees | 1,217 (2023) |
Parent | Colgate-Palmolive Lakson Group |
Website | colgate |
Footnotes / references Financials as of 30 June 2023[update] [1] |
Colgate-Palmolive Pakistan, formerly known as National Detergents Limited is a Pakistani consumer goods company which is a subsidiary of American multinational company Colgate-Palmolive.[2][3][4] It was founded in 1977 and is based in Karachi, Pakistan.
It operates in oral care, personal care, and fabric care sectors.[4]
History
[edit]Colgate-Palmolive Pakistan was founded in 1977 as National Detergents Limited.[4] In 1985, National Detergents received licence to produce Colgate-Palmolive products in Pakistan.[5]
In 1990, National Detergents was renamed as Colgate-Palmolive Pakistan when Colgate-Palmolive became its shareholder.[6]
In 2019, the Competition Commission of Pakistan imposed Rs. 10 million on the company for running deceptive marketing campaign.[7]
Factories
[edit]Brands
[edit]References
[edit]- ^ "Colgate-Palmolive Pakistan Annual Report 2023". Retrieved 18 May 2024.
- ^ "corporate watch: Lakson to cede 21pc shares in Colgate". Dawn. 7 May 2019. Retrieved 31 July 2020.
- ^ Mehdi, Ali Raza (16 December 2013). "Colgate Palmolive Pakistan's increasing expenses". DAWN.COM.
- ^ a b c d e f g h "Colgate Palmolive (Pakistan) Limited". Business Recorder. 18 December 2018. Retrieved 31 July 2020.
- ^ "Healthcare: COLGATE-PALMOLIVE (PAKISTAN) LIMITED - Analysis of Financial Statements Financial Year 2003 - Q 2003 2008". Brecorder. 20 October 2008.
- ^ Research, B. R. (23 September 2022). "Colgate-Palmolive (Pakistan) Limited". Brecorder.
- ^ "Colgate-Palmolive slapped Rs10m fine for deceptive marketing". Dawn. 16 August 2017. Retrieved 31 July 2020.
- ^ "Fire breaks out at Colgate Palmolive's Kotri factory". Profit by Pakistan Today. 1 February 2018.